Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Balancedviewer
"Under water then MPO lol!"
Yes, and have been since the days of "VONK" who famously said on numerous occasions "we just have to turn the tap on"
I am sure there are many more in the same position. On a hopefully brighter note I have significantly averaged down so only need a tad over 3p to walk away unharmed.
"Saltfleetby is worth 4p on the Angus share price" I believed Lucan when he said that and I believe Richard Herbert can deliver that over time - Lucan is a liability for all shareholders.
GL should go and sit in a quiet room and replay all the proactive interviews he has made in the last 2/3 years. The continually missed timelines, the promise of clearing debt and paying dividends in 2023 should be a huge embarrassment to him. His constant ambition towards geo thermal etc etc - the man is dangerous to us shareholders, hopefully Richard Herbert has got a grip and perhaps there may be some light at the end of the tunnel.
The narrative included in the final results all sounds rather positive, could well be interesting times ahead.
Singhie
I find your daily output data interesting, however I have a question (maybe a stupid one) following the latest RNS, which stated production from the 3 wells using 2 compressors increases output by 75%.
You conclude your daily post with forecast share price.
On 9th May the forecast sp was 2.3281p for December 2023 and today (after the big output uplift the sp forecast for Dec 2023 is 1.9990p. Can you clarify why this is falling after such an impressive rise in output. Thanks.
Maybe ANGS has not missed the boat based on this view:
Falling gas prices might not be a feature for much longer, according to the commodities team at US bank Citi.
Since hitting a peak of €340/Mwh in August, prices have plummeted to €32.7Mwh but Citi sees a floor ahead in the summer after which forward prices will rise again led by recovering demand in Asia against a backdrop of tight supply.
In a note on Norwegian energy giant Equinor, the bank said it had upped its forecast for average European gas prices between 2024-2026 to US$13/MBtu (therms) from US$7/MBtu.
Alsop said
"Results within the next 2 weeks, wouldn't expect anything before then"
How on earth JS can you interpret the above to mean
"Alsop are you meaning to say they will be seeking a fund raise to meet day to day operational expenses "
Are you really as thick as you sound??.
Read all todays post with great interest.
Cast your minds back to when ANGS announced they were taking on the SALTFLEETBY project. My memory fails me so I cannot give a date nor can I recall what price ANGS shares were at the time.
I clearly remember GL stating that SALTFLEETBY would add 4p to the share price without any consideration of the other assets. The potential STORAGE facilities never got mentioned, probably because at that time the UK (and the world) did not face an energy crisis.
On this basis I find 3.5p a snip for any potential buyer - from the interview with GL and RH, it was GL who came across as enthusiastic for a sale, RH seemed more in favour of developing this gas bonanza and the storage potential and he looked in control of what's going to eventually happen - buckle up.
Singhie: This is the data I get and there is no figures for the 10th May, two things 1 is there a figure for that date and if so what is it ? and 2 how do I get that number? I thought (hopefully wrongly) that the 0.2683 was for 2 days production. Thanks.
11/05/2023 01:00 11/05/2023 System Entry Volume, Saltfleetby, D+1 0.2683 12/05/2023 12:01 L
09/05/2023 01:00 09/05/2023 System Entry Volume, Saltfleetby, D+1 0.1684 10/05/2023 12:01 L
08/05/2023 01:00 08/05/2023 System Entry Volume, Saltfleetby, D+1 0.1333 09/05/2023 12:01 L
07/05/2023 01:00 07/05/2023 System Entry Volume, Saltfleetby, D+1 0.1654 08/05/2023 12:01 L
06/05/2023 01:00 06/05/2023 System Entry Volume, Saltfleetby, D+1 0.1748 07/05/2023 12:01 L
05/05/2023 01:00 05/05/2023 System Entry Volume, Saltfleetby, D+1 0.1746 06/05/2023 12:01 L
04/05/2023 01:00 04/05/2023 System Entry Volume, Saltfleetby, D+1 0.1589 05/05/2023 12:01 L
03/05/2023 01:00 03/05/2023 System Entry Volume, Saltfleetby, D+1 0.1725 04/05/2023 12:01 L
02/05/2023 01:00 02/05/2023 System Entry Volume, Saltfleetby, D+1 0.1728 05/05/2023 08:08 L
01/05/2023 01:00 01/05/2023 System Entry Volume, Saltfleetby, D+1 0.1582 02/05/2023 12:01
Posted 25/4/23
I’ve dumped another 35,000 shares . Fill your boots with cheap shares . Tell you what you can have my left overs . Same goes for you MP0818
Posted today
Been mopping up loose shares over the past month . Purchasing small amounts on a daily basis .
MM's (aided and abetted) by a green poster are doing a cracking job of weeding out the weak traders, with shares hopefully moving into "real investors" hands. I continue to hold and wait for more news.
Richard Herbert said connection of all 3 wells utilising 2 compressors to the national grid was IMMINENT which has the meaning:
"ready to take place : happening soon"
This event may well transform "cash flow" at ANGS and the share price.
Only a non exec director, but after the fiasco with the delayed annual account clearly not all is well at AFC. A £4m contract becomes a £2m contract and a £2m dilution of shareholders, leasing products for peanuts that no one wants to buy, do they really know what they are doing?
A refreshing and honest contribution from Richard Herbert. George Lucan looked rather sheepish introducing Herbert.
"Yes we will deliver a successful sidetrack, but delivered late and over budget. Only one out of three and we need to restore market confidence". This professional approach to business will be well received by both shareholders and the market.